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In this episode of #FinancialFox, Steffy speaks with Cameron Hejazi, CEO and Founder of Cent, the NFT marketplace where Twitter founder Jack Dorsey auctioned his first tweet ever for $2.9m. They discuss the NFT fever, how to monetise digital creations and innovation on social media platforms.
1:50 Cameron’s background
3:45 The idea behind Cent
5:00 What does a buyer get when purchasing NFT?
6:02 NFT ownership on Twitter
7:20 Why do people buy tweets in the form of NFTs?
9:05 The best-selling tweets
11:20 Gas fees and Ethereum scalability on Cent
14:00 How to sell tweets
16:15 Tokenisation of social media platforms & future plans
19:08 Profile authentication
21:25 Elon Musk rejects selling his tweets
22:18 Steffy’s final thoughts
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